Latest Articles

September 5, 2014 

The majority of tax and accounting firm partners spent the last few months focused on tax, audit and accounting production, but with the busy season behind us, there is an opportunity to take a look at how processes can be improved during the slower summer months. Partners should use this time to meet with IT...…

Roman Kepczyk

September 5, 2014 

The dilemma regarding Internet usage by employees during work hours has long been one of discussion by business owners, human resources professionals, IT professionals and staff. During the late 1990s, the concern was largely that of distrust over the new technology and countless dramatized stories about employers using their computers to access pornography, gambling and…

Isaac M. O'Bannon

September 5, 2014 

Regardless of how disruptive new innovations are, they are an inevitable characteristic of our evolving business environment, just as innovation is fundamental to human evolution. And it’s smart business to seize opportunities created by these new innovations. Twenty-five years ago, it was a revolutionary idea for a small business owner to purchase a computer and...…

September 5, 2014 

Electronically Stored Information (ESI) has become critical to delivering good client service, higher realization, effective procedures or workflow, and better efficiency. Managing ESI is also critical for controlling risk. If your firm tries to work with ESI the same way you worked in paper, you can expect problems, issues and frustration. If you are working...…

Randy Johnston

September 5, 2014 

The IRS is grappling with a nearly five-fold increase in taxpayer identity theft between 2008 and 2010, a Government Accountability Office official plans to tell a House hearing Thursday. There were 248,357 incidents in 2010, compared to 51,702 in 2008.

September 5, 2014 

As I do with every article I author, I started this piece by thinking about the key messages that should be conveyed. This is the sixth consecutive review of document management systems (DMS) I have conducted for CPA Practice Advisor, and it is important to continue to provide current and relevant information about the DMS...…

John Higgins

September 5, 2014 

Company Overview   Founded by CPAs, XCM Solutions, LLC is the leader in delivering workflow management solutions that empower accounting professionals at firms of all sizes and specialties, and within corporate finance departments, to improve efficiency, productivity and profitability by giving professionals better control over their processes for completing work.   Since 2004, the XCM...…

September 5, 2014 

800-528-5005 www.treenosoftware.com 2011 Overall Rating 4.75 Best Firm Fit: Treeno solutions are traditionally more focused on corporate accounting departments than on accounting firms, but the SaaS deployment option makes this a viable solution for firms of all sizes. If your firm is using any of the integrated accounting software applications listed below, Treeno may be...…

John Higgins

September 5, 2014 

There are as many tips for building a successful practice as there are successful firms, but what they all share are strategies that have led to successful partnerships with outside technology and service providers. In the 21st Century, these technologies and services are more than simple tools or aides, they are integral components of business...…

Isaac M. O'Bannon

September 5, 2014 

863-297-3691 x236 www.doculex.com 2011 Overall Rating 4.5 Best Firm Fit: DocuLex is best suited for firms that are looking for a document repository that facilitates quick text-based document retrieval. Its strength seems to be focused on archiving and retrieving documents for review, as opposed to generating word processing documents and forms with annotations and general...…

September 5, 2014 

800-968-8900 cs.thomsonreuters.com 2011 Overall Rating 4.75   Best Firm Fit: GoFileRoom was initially targeted to mid-size and large firms, with GoFileRoom CS offered to smaller firms.  As a SaaS application with no infrastructure to deal with, GoFileRoom is an attractive option for smaller firms. Since the GoFileRoom solution offers document management, workflow and an integrated...…

John Higgins

September 5, 2014 

One of the problems with getting the average user to adopt new technology is an unnatural fear that they will somehow make a mistake and cause a cataclysmic event that destroys Western civilization as we know it. Although that’s probably a slight exaggeration of the fears that prevent them from trying new features and functions,...…

Brian Tankersley